国机通用(600444) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 141,240,316.12, representing a year-on-year growth of 4.49%[7] - The net profit attributable to shareholders of the listed company was CNY 5,376,134.91, a decrease of 49.82% compared to the same period last year, primarily due to the absence of asset disposal gains from the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,200,324.81, an increase of 229.54% year-on-year[7] - Basic and diluted earnings per share were both CNY 0.037, a decrease of 47.14% compared to the previous year[5] - The company reported a significant decline in non-operating income, down 85% to CNY 196,237.94 in Q1 2020[15] - The total profit for Q1 2020 was RMB 6,283,113.76, down 45.8% from RMB 11,602,668.20 in Q1 2019[28] - Net profit for Q1 2020 decreased to RMB 5,376,134.91, down 50.1% from RMB 10,712,724.07 in Q1 2019[28] - Earnings per share for Q1 2020 was RMB 0.037, compared to RMB 0.07 in Q1 2019, reflecting a decline of 47.1%[28] Cash Flow - The net cash flow from operating activities was CNY 2,515,717.46, an increase of CNY 10,500,000 compared to the previous year, mainly due to the recovery of funds from previously advanced projects[7] - Cash inflow from operating activities in Q1 2020 was RMB 124,393,674.41, down from RMB 139,220,249.93 in Q1 2019[33] - The net cash flow from operating activities for Q1 2020 was ¥2,515,717.46, a significant improvement compared to a net outflow of ¥7,986,621.44 in Q1 2019[34] - Cash inflow from operating activities decreased to ¥17,186,481.79 in Q1 2020, compared to ¥33,913,105.47 in Q1 2019, reflecting a decline of approximately 49%[36] - Cash outflow for operating activities in Q1 2020 was ¥17,962,752.37, down from ¥35,983,711.37 in Q1 2019, indicating a reduction of about 50%[36] - The net cash flow from investing activities was ¥29,639,096.82 in Q1 2020, compared to ¥45,190,039.32 in Q1 2019, showing a decrease of approximately 34%[34] - The company reported a cash outflow of ¥231,293.18 for investing activities in Q1 2020, a significant drop from ¥172,190,039.32 in Q1 2019[36] - The net cash flow from financing activities was negative at -¥113,258,390.00 in Q1 2020, reflecting a cash outflow due to debt repayment and dividend distribution[37] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 936,048,191.93, an increase of 1.56% compared to the end of the previous year[5] - Total assets increased to ¥936,048,191.93, up from ¥921,636,381.11, reflecting a growth of approximately 1.4% year-over-year[20] - Total liabilities rose to ¥343,088,172.39, compared to ¥334,332,620.08, indicating an increase of about 2.2%[21] - Current liabilities totaled ¥332,457,352.48, up from ¥326,017,400.43, marking a growth of approximately 2.7%[20] - Non-current liabilities increased to ¥10,630,819.91 from ¥8,315,219.65, representing a rise of about 27.7%[21] - Owner's equity reached ¥592,960,019.54, compared to ¥587,303,761.03, showing an increase of approximately 1.1%[21] - Total current assets amounted to CNY 812,196,209.14 as of March 31, 2020, compared to CNY 796,825,673.89 at the end of 2019[19] - Total liabilities amounted to CNY 334,332,620.08, with current liabilities at CNY 326,017,400.43 and non-current liabilities at CNY 8,315,219.65[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,655[11] - The largest shareholder, Hefei General Machinery Research Institute Co., Ltd., held 36.82% of the shares[12] Government Subsidies - The company received government subsidies amounting to CNY 1,003,225.01 during the reporting period[10] - Deferred income increased by 35% to CNY 8,923,791.50 as of March 31, 2020, due to an increase in government subsidies not yet recognized[15] - Other income fell by 38% to CNY 1,003,225.01 in Q1 2020, attributed to a decrease in government subsidies recognized[15] - Cash received from other operating activities increased by 89% to CNY 7,764,099.74, reflecting higher government subsidy funds received[15] Expenses - Sales expenses decreased by 42% to CNY 2,107,552.66 in Q1 2020, impacted by reduced after-sales service travel due to the pandemic[15] - Research and development expenses for Q1 2020 were RMB 6,713,582.00, an increase of 8.7% from RMB 6,173,881.60 in Q1 2019[27] - Management expenses also decreased to RMB 6,065,047.76 in Q1 2020 from RMB 8,210,000.84 in Q1 2019, a decline of 26.1%[27] - The company reported a financial expense of -RMB 1,140,333.60 in Q1 2020, compared to -RMB 885,452.94 in Q1 2019, indicating an increase in financial costs[27]